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IBI Lion Buys a Portfolio of 14 Bank Branches for €33 Million

The Socimi, which has been listed on BME Growth since 28 June, is pushing ahead with its investment plan in Spain.

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IBI Lion, which is managed by IBI Investment House Ltd, some Israeli pension funds, an insurance company, private investors and the Lion Investment Group, has purchased a portfolio of 14 bank branches for a total of 33 million euros. The Socimi, which is listed on BME Growth, is pushing ahead with its investments in Spain in various locations across the country.

The fourteen bank branches are located in Cataluña (5), Madrid (3), Castilla y León (2), Aragón, Andalucía, Castilla-La Mancha and Extremadura and are all leased to a Spanish bank.

Read the full article in Spanish.

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